Retirement Vehicle. The Company agrees to establish a Group Retirement Savings Plan This plan will replace all former retirement plans, and is the only plan members can participate in, except for those who have elected to remain in the Flan. Clean Harbors Canada Inc. will match half the employee’s contribution, up to a maximum of two and a half percent (2.5%) of the employee’s base earnings, being the equivalent of straight time hours per week at the regular hourly rate. All contributions in the both employee and employer, are vested immediately for all present members that participate in the Plan. Effective November the company will match half the employee’s contribution, up to a maximum of three percent (3.0%) of the employee’s base earnings, being the equivalent of straight time hours per week at the regular hourly rate. All new employees or members who have not participated in the Plan will need to be employed for one continuous year before being eligible to participate in the For such employees, the employer contributions will be vested after two (2) years of participation in the plan. A summary description of the plan will be made available to employees upon request.
Retirement Vehicle. Clean Harbors Canada Inc. will match sixty-six and two-third percent of the employee contribution up to a maximum of four percent (4%) of base salary on employee contribution of six percent (6%). All new employees or members who have not participated in these plans will need to be employed for one continuous year before being eligible to participate in the Employer contributions will be vested after two (2) years of participation in the plan. This plan replaces all former retirement plans and is the only plan members can participate in, except for those who have elected to remain in the Plan.
Retirement Vehicle. Upon ratification, eligible employees will have the opportunity to participate in the Company’s group RRSP/DPSP that is administered Company wide as per Plan rules. The Union acknowledges the Company’s right to change any and all terms of the Plan at its sole discretion. A summary description of the plan will be made available to employees upon request.
Retirement Vehicle. Upon ratification, eligible employees will have the opportunity to participate in the Company’s Plan two (2) RRSP/DPSP that is administered company wide as per Plan rules. The Union acknowledges the Company’s right to change any and all terms of the Plan at its sole discretion. All new employees or members who have not participated in these plans will need to be employed for one continuous year before being eligible to participate in the GRRSP. Employer contributions will be vested after two (2) years of service. This plan replaces all former retirement plans and is the only plan members can participate in, except for those who have elected to remain in the Tricil Plan.
Retirement Vehicle. The Company agrees to establish a Group Retirement Savings Plan This plan will replace all former retirement plans, and is the plan members can participate in, except for those who have elected to remain in the Plan. Clean Harbors Canada Inc. will match half the employee’s contribution, up to a maximum of three (3.0%) of the employee’s base earnings, being the equivalent of straight time hours per week at the regular hourly rate. Effective January the company will match sixty percent (60%) of the employee’s contribution, up to a maximum of three point six percent (3.6%) of the base earnings, being the equivalent of straight time hours per week at the regular hourly rate. All new employees or members who have not participated in the Plan will need to be employed for one continuous year before being eligible to participate in the For such employees, the employer be vested after two (2) years of participation in the plan. A summary description of the plan will be made available to employees upon request.
